B

Bitdeer Technologies Group
NASDAQ:BTDR

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Bitdeer Technologies Group
NASDAQ:BTDR
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Price: 18 USD -3.12%
Market Cap: 2.5B USD
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Relative Value

The Relative Value of one BTDR stock under the Base Case scenario is 12.68 USD. Compared to the current market price of 18 USD, Bitdeer Technologies Group is Overvalued by 30%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BTDR Relative Value
Base Case
12.68 USD
Overvaluation 30%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
35
Median 3Y
2.3
Median 5Y
2.1
Industry
2.4
Forward
7
vs History
vs Industry
Median 3Y
-25
Median 5Y
-36.9
Industry
23.2
Forward
-27.3
vs History
vs Industry
Median 3Y
-5.6
Median 5Y
-6.6
Industry
17.5
vs History
vs Industry
Median 3Y
-4.7
Median 5Y
-5.5
Industry
21.2
vs History
69
vs Industry
30
Median 3Y
4.5
Median 5Y
4.5
Industry
2.9
vs History
19
vs Industry
35
Median 3Y
2.1
Median 5Y
2
Industry
2.4
Forward
6.7
vs History
16
vs Industry
14
Median 3Y
10
Median 5Y
9
Industry
4.9
vs History
vs Industry
5
Median 3Y
-51.6
Median 5Y
-89.6
Industry
13.1
Forward
56.3
vs History
vs Industry
Median 3Y
-25
Median 5Y
-41.2
Industry
16.7
Forward
-23.9
vs History
vs Industry
Median 3Y
-5.4
Median 5Y
-6.4
Industry
16.5
vs History
vs Industry
Median 3Y
-4.3
Median 5Y
-5.1
Industry
19.1
vs History
69
vs Industry
37
Median 3Y
3.4
Median 5Y
3.5
Industry
2.5

Multiples Across Competitors

BTDR Competitors Multiples
Bitdeer Technologies Group Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Bitdeer Technologies Group
NASDAQ:BTDR
2.5B USD 6.3 -34.6 -36.6 -36.6
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
US
Salesforce Inc
NYSE:CRM
303.7B USD 8.2 51.2 27.5 40.8
DE
SAP SE
XETRA:SAP
286.3B EUR 8.6 100.5 31.4 36.6
US
Adobe Inc
NASDAQ:ADBE
181.3B USD 8.3 32.3 22.3 22.9
US
NCR Corp
LSE:0K45
178.5B USD 26.1 376.6 356.9 1 077.2
US
Intuit Inc
NASDAQ:INTU
175.5B USD 10.5 59.9 38.4 46.5
US
Palantir Technologies Inc
NYSE:PLTR
148.8B USD 56 311.1 362.7 395.1
US
Applovin Corp
NASDAQ:APP
106.2B USD 24.2 90.4 55.2 71.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
83B USD 18.9 79 57 65.1
US
Microstrategy Inc
NASDAQ:MSTR
80.2B USD 168.8 -193.9 -2 190.5 -1 497.9
P/S Multiple
Revenue Growth P/S to Growth
SG
B
Bitdeer Technologies Group
NASDAQ:BTDR
Average P/S: 21 295.2
6.3
41%
0.2
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
US
Salesforce Inc
NYSE:CRM
8.2
9%
0.9
DE
SAP SE
XETRA:SAP
8.6
11%
0.8
US
Adobe Inc
NASDAQ:ADBE
8.3
10%
0.8
US
N
NCR Corp
LSE:0K45
26.1
-16%
N/A
US
Intuit Inc
NASDAQ:INTU
10.5
13%
0.8
US
Palantir Technologies Inc
NYSE:PLTR
56
24%
2.3
US
Applovin Corp
NASDAQ:APP
24.2
27%
0.9
US
Cadence Design Systems Inc
NASDAQ:CDNS
18.9
14%
1.3
US
Microstrategy Inc
NASDAQ:MSTR
168.8
2%
84.4
P/E Multiple
Earnings Growth PEG
SG
B
Bitdeer Technologies Group
NASDAQ:BTDR
Average P/E: 137.6
Negative Multiple: -34.6
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Salesforce Inc
NYSE:CRM
51.2
44%
1.2
DE
SAP SE
XETRA:SAP
100.5
12%
8.4
US
Adobe Inc
NASDAQ:ADBE
32.3
28%
1.2
US
N
NCR Corp
LSE:0K45
376.6
N/A N/A
US
Intuit Inc
NASDAQ:INTU
59.9
35%
1.7
US
Palantir Technologies Inc
NYSE:PLTR
311.1
85%
3.7
US
Applovin Corp
NASDAQ:APP
90.4
95%
1
US
Cadence Design Systems Inc
NASDAQ:CDNS
79
28%
2.8
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -193.9 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
B
Bitdeer Technologies Group
NASDAQ:BTDR
Average EV/EBITDA: 118.9
Negative Multiple: -36.6
219%
N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
US
Salesforce Inc
NYSE:CRM
27.5
23%
1.2
DE
SAP SE
XETRA:SAP
31.4
20%
1.6
US
Adobe Inc
NASDAQ:ADBE
22.3
21%
1.1
US
N
NCR Corp
LSE:0K45
356.9
-13%
N/A
US
Intuit Inc
NASDAQ:INTU
38.4
29%
1.3
US
Palantir Technologies Inc
NYSE:PLTR
362.7
124%
2.9
US
Applovin Corp
NASDAQ:APP
55.2
57%
1
US
Cadence Design Systems Inc
NASDAQ:CDNS
57
27%
2.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -2 190.5
80%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
B
Bitdeer Technologies Group
NASDAQ:BTDR
Average EV/EBIT: 219.4
Negative Multiple: -36.6
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
US
Salesforce Inc
NYSE:CRM
40.8
38%
1.1
DE
SAP SE
XETRA:SAP
36.6
23%
1.6
US
Adobe Inc
NASDAQ:ADBE
22.9
20%
1.1
US
N
NCR Corp
LSE:0K45
1 077.2
20%
53.9
US
Intuit Inc
NASDAQ:INTU
46.5
34%
1.4
US
Palantir Technologies Inc
NYSE:PLTR
395.1
137%
2.9
US
Applovin Corp
NASDAQ:APP
71.1
77%
0.9
US
Cadence Design Systems Inc
NASDAQ:CDNS
65.1
28%
2.3
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 497.9 N/A N/A